Infrastructure Bill Still Establishing a FoundationPresident Biden’s Infrastructure Bill package has been reduced to a total spend somewhere in the neighborhood of $1.75 trillion. However, at least Senator Manchin from WV has indicated that he still won’t vote in favor until the impact on the economy can be scored by the CBO. The House of Representatives has released language for the Build Back Better (BBB) Act, the social spending aspect of the infrastructure proposal. In total the BBB Act calls for $1.75 trillion in spending, down from a previously planned $3.5 trillion. A key provision in the BBB provides a $150 billion investment in Medicaid HCBS Services. These funds will go towards:
Negotiations are still not complete, leaving room for the possibility of further changes to the legislative text. |